Klamath Falls, OR 97601

👑 Klamath Falls Flip Opportunity | 2,300+ Sqft Fixer 👑 Price: $165,000 Estimated Resale: $380,000+ after repairs (comps support up to $415,000) Rehab Estimate: $100,000–$110,000 3 Beds | 2 Baths | 2,324 Sqft | Attached Garage | 0.23-Acre Lot This is a solid flip opportunity in Klamath Falls with over 2,300 sqft and strong upside for the right investor. With an estimated resale around $380,000 or more after repairs—and comparable sales supporting values up to $415,000—there’s a great spread here and plenty of room to force value. The footprint is strong, the layout makes sense, and the attached garage, large fenced yard, wood-burning fireplace, and location near schools, Lake Ewauna, and Upper Klamath Lake make it an easy resale on the back end. This is the kind of project where a clean renovation can create a strong profit without overcomplicating the deal. Property Needs New roof New flooring Some exterior siding repair Interior paint + odor-block treatment Drywall repair Landscaping cleanup Fence repair or replacement New kitchen cabinets Kitchen modernization Bathroom updates / modernization General cosmetic cleanup throughout Deal Breakdown Purchase Price: $165,000 Rehab: $100,000–$110,000 Buyer’s Agent Commission (2.5%): $9,500 Listing Side – 1.5% List Back with Local Brokerage: $5,700 Closing Costs / Title / Escrow: $10,000 Holding Costs (4 Months @ $3,000/mo): $12,000 Total Project Cost Approximate Total Investment: $302,200 – $312,200 Estimated Profit at $380,000 Resale or more (see comps up to 415K) Approximate Net Profit: $67,800 – $77,800 This is a clean flip with strong margin, reduced selling costs through the 1.5% list-back, and enough spread to justify the full renovation while still leaving solid profit on the back end.